ABN Amro chief denies he is planning to quit: report

LondonBureau

LONDON (MarketWatch) -- ABN Amro Holding NV
ABN, +0.00%
Chief Executive Rijkman Groenink isn't planning to resign amid a row over his handling of a takeover battle for the Netherlands bank, The Times said on its Web site, citing an interview with Dutch television channel RTL.

Groenink "categorically" denied that he was under any internal pressure to resign, according to the report.

He has been under pressure from some Netherlands-based shareholders including hedge fund TCI and the Dutch shareholder body, VEB, after agreeing to a "poison pill" deal which favors Barclays PLC
BCS, -2.09%
although a consortium led by Royal Bank of Scotland (RBS) wants to make a bid.

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